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Unilever grows sales, keeps margins steady in H1

Unilever grows sales, keeps margins steady in H1

Unilever PLC, the maker of Dove soaps, Ben & Jerry's ice cream and Axe deodorants, says net profit rose in the first half.l
Net profit was (EURO)2.435 billion ($2.955 billion), up 1.3 percent from (EURO)2.405 billion in the same period a year ago. The 2011 results benefitted from a (EURO)144 million gain from the sale of Unilever's tomato business in Brazil.
Sales rose 11.5 percent to (EURO)25.4 billion, including a 1.9 percent rise due to the weaker euro and 2.2 percent due to acquisitions. Sales in Europe were down 2.2 percent.
Chief Paul Polman repeated the company's 2012 guidance that margins will improve modestly in the second half.


Updated : 2021-10-22 10:45 GMT+08:00